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Investment

Portfolio

Selected commercial real estate equity and debt investments across all major property types and capital structure positions.

Allocation by property type

$18.4 B
Multifamily
63% of equity invested
$6.2 B
Industrial
21% of equity invested
$2.8 B
Office
10% of equity invested
$1.1 B
Hospitality
4% of equity invested
$0.8 B
Retail
2% of equity invested

1. Allocation as of 3Q25, based on equity invested. 2. Aggregations rounded.

Selected Transactions

Featured commitments

Transaction
Type
Commitment
Property
Status
Industrial Development
EQUITY
$55M
Industrial
Under Construction
Industrial Stabilized
DEBT
$72M
Industrial
Stabilized
Multifamily Lease Up
DEBT
$50M
Multifamily
Lease-Up
Multifamily Stabilized
EQUITY
$52M
Multifamily
Stabilized

Past performance is not indicative of future results. Selected transactions are representative; full investment record available upon request.

Recent Investments

From recent commitments

Industrial
Industrial Development
Industrial
Industrial Stabilized
Multifamily
Multifamily Lease Up
Multifamily
Multifamily Stabilized